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Single Point of Failure: Tether prints accidentally 5 billion USDT

What can happen when crypto-companies print Token, shows a recent incident in Tether. The often-criticized FinTech has been on Saturday, the 13. July, accidenta

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Single Point of Failure: Tether prints accidentally 5 billion USDT

What can happen when crypto-companies print Token, shows a recent incident in Tether. The often-criticized FinTech has been on Saturday, the 13. July, accidentally five billion USDT printed and then burned. The crypto Motto No single Point of Failure, and true decentralization.

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15. July 2019BTC$10.532,00 -0.84%part Facebook Twitter LinkedIn xing mail

Well, there are Wal-alarms. The automated Bots scanning the various block chains, after a particularly voluminous transactions and publish their findings with a high range on Twitter.

last Saturday, the 13. July, attracted a USDT transaction to the attention of the crypto scene has it all: Tether, the company that contributes to the value of the parity between the USDT and the U.S. Dollar, responsibility, had accidentally five billion units of the Stable Coins in circulation.

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